NEW YORK MRC
Global Inc. has completed its $260-million acquisition of
Norwegian pipe, valve and fittings distributor Stream AS.
company announced the deal to purchase the Tananger,
Norway-based company in December (
amm.com, Dec. 10).
"We are pleased to have closed this important acquisition
and are looking forward to the positive contribution this new
offshore capability will add to our international business
performance," MRC chairman, president and chief executive
officer Andrew R. Lane said in a statement Jan. 6.